Quantcast
Channel: News - Crypto News Land
Viewing all articles
Browse latest Browse all 2767

Donald Trump’s $1M Ether Stash: Here’s What His Election Filings Reveal

$
0
0

  • President Donald Trump has an estimated Ether between $1 million and $5 million, calculated by Arkham Intelligence to be $3 million.
  • Trump generated $7.15 million from licensing through NFT INT, while Melania Trump raised $330,609 from selling the digitally authenticated tokens.
  • The Trump Organization is getting involved in the cryptocurrency sector with a new initiative pointing to increasing investment in digital assets.

Recent findings have indicated that former President Donald Trump holds considerable assets in Ether (ETH) and earnings from non-fungible tokens (NFTs). The records showed that Trump owns between $1 million and $5 million in Ether. Arkham Intelligence on the other hand states that his stakeholding was estimated to be at about $3.6 million.

These financial records also show substantial income generated through NFT licensing. It has been stated that he has made $7.15 million through licensing with NFT INT. Moreover, Melania Trump has earned $330,609 from NFT sales. This income is from the Trump Digital Trading Cards, which have been involved in over 15,808 ETH trading since these cards were airdropped.

Upcoming NFT Collection and Crypto Initiatives

The former president announced in July that he intended to release a new collection of NFT tokens. This is in line with previous staking of funds in cryptocurrencies. However, he has not spoken openly about details of his stakes in cryptocurrencies in recent interviews or any press conference. This may be due to the deliberate decision not to comment on this topic during a recent X space interview with Elon Musk and a press conference.

https://twitter.com/Tyler_Did_It/status/1824199874167869942

Recently, the Trump Organization, which controls Trump’s assets, announced its new cryptocurrency project. This could indicate a rising demand for including digital currencies in Trump’s business models. With the new initiative, it might be possible to redesign Trump’s approach to the crypto market.

This connection shows that Trump is still active in the digital currencies market by holding Ether and investing in NFTs. As the minister diversifies his activities, it will be important that the investments and the observers follow the activities overtly.

In summary, the analysis of Donald Trump’s financial operations in the cryptocurrency and NFT shows that he actively participates in these markets. This is a significant aspect of his Ether portfolio and a considerable income stream from licensing fees for his NFTs.

The post Donald Trump’s $1M Ether Stash: Here’s What His Election Filings Reveal appeared first on Crypto News Land.


Viewing all articles
Browse latest Browse all 2767

Trending Articles